Silicon Valley based Harvesting Inc announces the joining of Sunil Srivasatva, Former Deputy Managing Director of State Bank of India in the advisory board. Srivastava joins pro-bono to extend his advice to FinTech enterprise Harvesting Inc for its India expansion and global strategy.
Srivastava was at the helm of the Corporate Accounts Group at SBI. He served as Deputy Managing Director of Corporate Strategies and New Businesses at State Bank of India since May 2014 and served as its Chief General Manager of Kolkata. Srivastava joined State Bank of India as a probationary officer in 1980.
Srivastava has been Additional Non-executive Director at Paisalo Digital Ltd, an NBFC since April this year. He also serves on the Board of Nasdaq-listed Eros International.
Speaking on his appointment, Sunil Srivastava, former Deputy MD, SBI, says, “The new era belongs to synergies between Fintech innovation and banking sector to create on ground social impact and I would like extend my services and be part of this ever evolving space of innovation in agri lending that Harvesting is working on.
Harvesting Inc rolled out its India operation since April this year. Ruchit Garg, Founder and CEO, Harvesting, says, “India is undoubtedly the most important market for us because the agriculture base here is strong and with Mr Srivastava’s deep understanding of Indian banking system and lending specifically, will be a big boost to Harvesting’s growth plans in India. We are honored to have Mr Srivastava join our advisory board pro-bono.”Mr Srivastava comes with a keen insight into the behavioural dynamics of the rural and agri borrowing community and is also well versed with the lending norms and practices of the banking system in India, which will be an added benefit for Harvesting as it accelerates its business here.
Harvesting is currently in the process of building its India team and has undertaken a series of pilot projects with financial institutions here.
Harvesting (www.harvesting.co ) is a FinTech company focused on connecting finance with small farm holders in emerging markets. Harvesting has been awarded Best Fintech for Financial Inclusion by FMO – Dutch Development Bank at African Microfinance Week. Harvesting is also a proud recipient of Global Grand Challenge Award by Singularity University. Harvesting is present across five continents.
Harvesting has received a grant from Catalyst Fund, an initiative supported by the Bill & Melinda Gates Foundation and JPMorgan Chase & Co as a fiscally sponsored project of Rockefeller Philanthropy Advisors.